Post
Topic
Board Bitcoin Discussion
Re: BTC ATM's installation and business model, any advice?
by
yazher
on 15/02/2020, 12:09:42 UTC
I am UK based and looking to setup a BTC ATM, initially just one or maybe two locations, I'd rather not lease or take on a franchise, but run a machine myself. Has anyone any experience in this?, where's a good place to buy the actual machines? - I've seen a range of prices from US to China, how is easy is the software setup? I know the turnover question is difficult to answer but selling small amounts of SATs, can one location sell up to 1 btc per day?, any other things I should be aware of? BTW am pretty much clued on local laws in the UK.
Thanks in advance

Since you are installing it in the UK, the best thing to do is first go for the reachable nodes of the current network to find a place where you can suitable put your Bitcoin ATM machine. I think one of the sites can give you such information is https://bitnodes.earn.com/nodes/?q=United%20Kingdom

Just see for yourself if this kind of idea would help you.